AGM Results: Gamco approves preferential issue of 43.06 lakh shares at Rs 50
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 2.2 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Gamco Limited's 44th AGM on Sep 16, 2026 saw all three resolutions pass with 99.99% approval. Key item: special resolution to issue up to 43,05,960 equity shares of face value Rs 2 at Rs 50 per share (premium of Rs 48) to 43 non-promoter allottees, raising Rs 21.53 crore. Other resolutions covered adoption of FY26 financials and reappointment of director Vinay Kumar Goenka. Promoters hold 3.90 crore shares (72.3%).
Dilution for existing shareholders as preferential allotment to 43 non-promoter investors will expand share count. Capital infusion of about Rs 21.53 crore.